Snowflake Inc. (SNOW) closed the most recent trading day at $251, moving -0.61% from the previous trading session. This change lagged the S&P 500's daily loss of 0.33%.Coming into today, shares of the company had gained 5.74% in the past month. In that same time, the Computer and Technology sector gained 3.4%, while the S&P 500 gained 2.89%.Wall Street will be looking for positivity from SNOW as it approaches its next earnings report date.For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.57 per share and revenue of $1.11 billion, which would represent changes of +68.68% and +87.67%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for SNOW. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. SNOW currently has a Zacks Rank of #3 (Hold).The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 192, putting it in the bottom 25% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow SNOW in the coming trading sessions, be sure to utilize Zacks.com. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Snowflake Inc. (SNOW): Free Stock Analysis Report To read this article on Zacks.com click here.